Gunnergadin
22 Nov 2017
Yahoo article on three undervalued stocks. [link]
jomozz
03 Oct 2017
Re: sp I don't think it's mischief makers, more like a thinly traded stock making big swings on volume.Yesterday's largest trade was an after hours UT of about 19,300 shares and although listed as a sell made the highest price of the day. Something like 53p higher than the last buy price before 16:30.Anyway, I'll hold onto my hat and continue to enjoy the ride.
Broncomaniac
03 Oct 2017
Re: sp Somebody got wind of the upcoming trading update?
dazedandconfused
03 Oct 2017
Re: sp same thing that dropped price today; mischief/market-makers?
jomozz
02 Oct 2017
sp Nice 80p jump in price this afternoon. Wonder what sparked that off.
nk1999
23 Sep 2017
Jefferies From Citywire:"Keller’s £50m benefits target is conservative, says JefferiesEngineering company Keller (KLR) is targeting £50 million of gross benefits by 2020 but Jefferies believes this could be on the conservative side. Analyst Anthony Codling retained his ‘buy’ recommendation and target price of £13.80 after ‘digesting’ a capital markets day handout from the company, which he said was ‘worth the effort’. ‘The group has put a lot of flesh on the bones of the previously announced targeted £50 million of annualised gross benefits by 2020,’ he said. ‘On reflection, we believe £50 million to be at the conservative end of the range of possible outcomes.’He added that Keller was a global leader in a growing market with a ‘current addressable market worth $25 billion’ and ‘the total global ground engineering market coming in at twice that’. ‘Keller has yet to enter China, Korea, Japan, and Russia, but should it decide to its high-tech offering could be attractive set against the low-tech incumbents. There are clearly challenges between Keller and the attainment of their £50 million target, it is by no means a walk in the park, however, Keller is...aware of the pitfalls on the way.’Shares were trading 1.9%, or 15.6p, at 830.1p at the time of writing."
dazedandconfused
11 May 2017
problem job off the books Surely good news alongside what the Avenmouth warehouse was in the books value? So why the fall in share price...
nk1999
21 Oct 2016
Numis From Citywire:"Numis slashes Keller target price after profits plungeEngineering company Keller (KLR) has issued its second profit warning in three months, as its Asia Pacific division continued to disappoint.Numis analyst Christen Hjorth retained his ‘hold’ recommendation and reduced the target price to 720p down from over £10. ‘Keller has issued an unscheduled trading update stating that 2016 results are now expected to be circa 15% below current market estimates, mainly due to continued underperformance in the Asia Pacific division.‘We therefore reduce our 2016 earnings forecast by 15% and our 2017 forecast by 10%. The share price is currently down 24% and, based on this and our updated numbers, Keller now trades on 2016 price/earnings ratio of circa 9x and a dividend yield of circa 4%.’Although management has made positive statements regarding the outlook for the company, Hjorth said that it was understandable that investors could be sceptical of management guidance following Keller’s second profit warning since August.The shares closed 27% or £2.41 lower at 644.5p."
nk1999
20 Oct 2016
IC View Now, after the bad news is out today, watch all the so-called experts put in a boot in Keller.Here is from IC:"Shares in Keller (KLR) slid 25 per cent after the ground engineering specialist warned that full-year results will be around 15 per cent lower than market estimates. While its core markets in the US and Europe (70 per cent of group turnover) remain robust, trading in Canada and sub-Saharan Africa has remained tough. Trading here incurred a third quarter loss, and will remain loss-making into the fourth quarter. Measures to downsize its operations here will result in exceptional costs of around £10m. Analysts at Peel Hunt have downgraded their forecasts for the year to December 2016 from adjusted pre-tax profits of £102m and EPS of 96.1p to £86.5m and 77.8p respectively. Having downgraded the shares from buy to hold on the back of weaker interim results, we downgrade the shares again to sell until some progress emerges on restructuring its loss making division."If 77.8p EPS is achieved then shares are cheap IMHO.nk
nk1999
20 Oct 2016
Re: Telegraph- Questor I am in with my first purchase here today at 650p.Be prepared for a sharp fall now - LOL.nk
dazedandconfused
20 Oct 2016
Re: Telegraph- Questor Don't believe the Telegraph..!! Mind you, today's falls well over-cooked on this one. I've topped up.
nk1999
26 May 2016
Telegraph- Questor "The Questor Column:Keller order book should deliver: Construction and ground work specialist Keller is enjoying steady trading in its U.S. business, but the downturn down under is hitting the Australian operations and leading to mixed results, sending shares 4.6% lower. The orders are still coming in and that left management confident of reaching targets for the full year. Keller generates the majority of its revenues from installing foundations and drilling pilings for buildings such as the Olympic Stadium, flood defences in the U.K. and major onshore oil and gas projects. The biggest encouragement came from an acceleration of order intake, which left the order book 15% higher at the end of April when compared to a year earlier. We picked Keller as one of our tips of the year because the shares already priced in much of the bad news when they fell sharply from £11 last last year. Now trading on around 10 times forecast earnings and offering a prospective dividend yield of 3% they look decent long-term value. Keller at 925p -45p. Questor says “Buy”."
evenlongershot
02 Mar 2016
Re: Results Forward order book looks strong for the year ahead which encouraged me to get back in too having likewise sold out last year above £10.
Broncomaniac
01 Mar 2016
Re: Results Further to my last post, I upped my holding by 30% at 820p this aftternoon.
Broncomaniac
01 Mar 2016
Re: Results Yes I agree good results, having sold a chunk of my holdings at £10, I'm now tempted to increase my weighting again.Regarding the current share price, my guess is that the market views these results as the top of the cycle, and is expecting a downtrend, especially in emerging markets. Due to the nature of the business (long term contracts), it can take a while for economic down turn to filter through Keller's results.The other bad news was that the Canadian Piling business they bought has been badly impacted by the oil price (due to Oil Sands exposure I guess). For me, now that the P/E is below 10 again, it looks like a buy and I think the share may rerate over the next few months as analysts update their forecasts.
